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 17.49 to 20.72 . . 17.09 (112.38%)
Intermediate 20.19 to 18.27 18.6 (17.19%) . .
Short 19.8 to 18.12 18.27 (8.93%) . .