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 to 17.14 13.14 (23.34%) . .
Intermediate 16.71 to 13.16 . 15.24 (58.59%) .
Short 16.05 to 13.16 . . 15.24 (71.97%)