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 17.99 to 14.22 . 16 (47.21%) .
Intermediate 16.7175 to 14.22 . . 16 (71.27%)
Short 16 to 14.22 . . 16 (100.00%)