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 33.57 . 16.83 (49.87%) .
Intermediate 24.09 to 16.83 . . 21.655 (66.46%)
Short 19.51 to 16.83 . . 21.655 (180.04%)