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 to 21.3 18.06 (15.21%) . .
Intermediate 18.25 to 21.23 . 19.55 (56.38%) .
Short 20 to 23.25 23.13 (3.69%) . .