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 16.06 to 13.03 13.39 (11.88%) . .
Intermediate 15.66 to 13.03 13.39 (13.69%) . .
Short 14.47 to 12.31 12.59 (12.96%) . .