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 15.15 to 13.75 . . 14.975 (87.50%)
Intermediate 14.865 to 13.78 . . 14.975 (110.14%)
Short 13.8 to 14.61 14.5 (13.58%) . .