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 14.83 to 18.86 18.34 (12.90%) . .
Intermediate 18 to 18.86 . . 18.34 (60.47%)
Short 18.34 to 19.66 19.55 (8.33%) . .