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 14.42 to 19.05 17.72 (28.73%) . .
Intermediate 16.17 to 19.05 . 17.72 (46.18%) .
Short 17.5 to 19.05 . . 17.72 (85.81%)