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 18.52 to 15.62 16.02 (13.79%) . .
Intermediate 17.48 to 15.62 16.02 (21.51%) . .
Short 16.1 to 14.98 15.25 (24.11%) . .