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 9.1 to 25.29 . . 14.27 (68.07%)
Intermediate 25.29 to 14.16 17.56 (30.55%) . .
Short 22.83 to 14.16 17.56 (39.22%) . .