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 14.8 to 11.82 . . 14.19 (79.53%)
Intermediate 12.35 to 14.19 . 13.15 (56.52%) .
Short 14.19 to 13.04 . . 13.74 (60.87%)