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 14.2 to 17.59 . 15.86 (51.03%) .
Intermediate 14.3 to 17.59 . 15.86 (52.58%) .
Short 17.59 to 15.86 . . 16.981 (64.80%)