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 18.28 to 22.13 . 20.32 (47.01%) .
Intermediate 22.13 to 20.28 . . 21.43 (62.16%)
Short 22.13 to 20.28 . . 21.43 (62.16%)