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 10.39 to 17.84 16.18 (22.28%) . .
Intermediate 15.86 to 17.84 . . 16.18 (83.84%)
Short 15.89 to 17.84 . . 16.18 (85.13%)