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 20.81 to 13.62 . . 18.95 (74.13%)
Intermediate 15.77 to 18.81 . 17.5 (43.09%) .
Short 18.81 to 17.07 . . 18.95 (108.05%)