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 18.2 to 12.7086 . . 16.257 (64.62%)
Intermediate 13.6205 to 16.68 . 14.985 (55.40%) .
Short 14.27 to 16.68 . . 14.985 (70.33%)