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 7.88 to 19.85 16.86 (24.98%) . .
Intermediate 13.65 to 19.85 . 16.86 (48.23%) .
Short 19.85 to 16.86 17.78 (30.77%) . .