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 16.18 to 19.05 . . 15.22 (133.45%)
Intermediate 19.05 to 16.6998 . 17.84 (48.52%) .
Short 19.05 to 16.12 16.45 (11.26%) . .