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 20.66 to 18.65 . . 20.36 (85.07%)
Intermediate 18.65 to 20.36 . 19.65 (41.52%) .
Short 20.34 to 19.65 . . 20.3 (94.20%)