Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 7.6305 to 16.44 16.1 (3.86%) . .
Intermediate 12.3 to 16.44 16.1 (8.21%) . .
Short 15.92 to 16.44 . . 16.1 (65.38%)