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 17.61 to 14.75 . . 17.2 (85.66%)
Intermediate 15.61 to 17.4083 . 16.375 (57.46%) .
Short 17.4083 to 16.19 . . 17.046 (70.26%)