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 24.03 to 12.77 . 18.13 (47.60%) .
Intermediate 13.71 to 17.08 . 15.31 (52.52%) .
Short 17.08 to 15.31 . . 18.13 (159.32%)