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 18.73 to 10.13 . . 17.24 (82.67%)
Intermediate 10.13 to 14.04 13.3 (18.93%) . .
Short 13.3 to 17.24 16.07 (29.70%) . .