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 17.12 to 17.85 17.56 (39.73%) . .
Intermediate 17.78 to 17.59 . . 18.32 (384.21%)
Short 17.63 to 18.19 18.16 (5.36%) . .