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 to 24.05 . 14.1 (41.37%) .
Intermediate 24.05 to 14.1 18.069 (39.89%) . .
Short 14.1 to 18 . . 15.37 (67.44%)