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 12.45 to 17.17 16.39 (16.53%) . .
Intermediate 13.93 to 17.17 16.39 (24.07%) . .
Short 15.67 to 17.17 . 16.39 (52.00%) .