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 27.05 to 14.1 . 19.865 (44.52%) .
Intermediate 15.46 to 19.865 . 17.33 (57.55%) .
Short 19.865 to 17.33 . . 19.26 (76.13%)