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 14.6635 to 16.72 . . 14.82 (92.39%)
Intermediate 16.65 to 14.82 . . 16.345 (83.33%)
Short 14.82 to 16.3821 . 15.57 (51.99%) .