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 15.55 to 21.97 . . 17.01 (77.26%)
Intermediate 21.97 to 17.78 . 19.59 (43.20%) .
Short 20.17 to 15 . 17.93 (56.67%) .