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 13.27 to 17.7 16.32 (31.15%) . .
Intermediate 14.72 to 17.7 . 16.32 (46.31%) .
Short 17.7 to 16.3 . . 17.17 (62.14%)