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 10.72 to 22.65 19.54 (26.07%) . .
Intermediate 15.328 to 22.65 . 19.54 (42.47%) .
Short 15.84 to 22.65 . 19.54 (45.67%) .