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 to 20.93 17.51 (16.34%) . .
Intermediate 14.56 to 20.93 . 17.51 (53.69%) .
Short 17 to 20.93 . . 17.51 (87.02%)