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 24.68 to 15.52 . . 21.4 (64.19%)
Intermediate 19.54 to 15.73 . . 21.4 (148.82%)
Short 15.73 to 21.4 20.52 (15.52%) . .