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 5.03 to 19.97 17.19 (18.61%) . .
Intermediate 14.55 to 19.97 . 17.19 (51.29%) .
Short 19.97 to 17.19 18.05 (30.94%) . .