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 19.07 to 15.25 . . 17.6 (61.52%)
Intermediate 15.25 to 17.65 . 16.4258 (51.01%) .
Short 16.51 to 17.65 . . 16.4258 (107.39%)