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 20.67 to 15.78 . . 19.85 (83.23%)
Intermediate 19.79 to 15.78 . . 19.85 (101.50%)
Short 15.78 to 19.98 19.21 (18.33%) . .