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 13.24 to 18.24 16.78 (29.20%) . .
Intermediate 14.74 to 18.24 . 16.78 (41.71%) .
Short 18.24 to 16.62 . . 17.67 (64.81%)