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 19.12 to 19.82 19.6 (31.43%) . .
Intermediate 19.51 to 19.82 . . 19.6 (70.97%)
Short 19.82 to 19.6 19.655 (25.00%) . .