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 23.56 to 15.15 . 18.52 (40.07%) .
Intermediate 20.57 to 15.15 . . 18.52 (62.18%)
Short 19.88 to 15.15 . . 18.52 (71.25%)