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 16.6 to 17.33 . 17 (45.21%) .
Intermediate 16.76 to 17.33 . 17 (57.89%) .
Short 17.33 to 17 17.11 (33.33%) . .