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 15.41 to 16.92 . 16.14 (51.66%) .
Intermediate 16.41 to 16.92 . . 16.14 (152.94%)
Short 16.92 to 16.46 . 16.7 (52.17%) .