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 16.92 to 12.27 13.95 (36.13%) . .
Intermediate 14.19 to 12.27 . . 13.95 (87.50%)
Short 12.45 to 13.66 . . 12.62 (85.95%)