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 14.07 to 17.36 . . 15.11 (68.39%)
Intermediate 15.15 to 17 . 15.9 (59.46%) .
Short 17 to 15.85 . . 16.95 (95.65%)