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 17.67 to 13.8 . . 17.2 (87.86%)
Intermediate 17.2 to 14.845 . . 16.75 (80.89%)
Short 15.08 to 16.75 . 16 (44.91%) .