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 12.98 to 20.22 18.36 (25.69%) . .
Intermediate 13.75 to 20.22 18.36 (28.75%) . .
Short 14.918 to 20.22 18.36 (35.08%) . .