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 21.47 15.75 (26.64%) . .
Intermediate 11.285 to 21.47 . 15.75 (56.16%) .
Short 21.47 to 15.75 . . 20.3 (79.55%)