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 25.54 to 14.28 17.28 (26.64%) . .
Intermediate 18.64 to 14.28 . . 17.28 (68.81%)
Short 17.34 to 14.94 15.02 (3.33%) . .