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 19.23 to 21.74 . . 19.43 (92.03%)
Intermediate 19.34 to 21.485 . . 19.96 (71.10%)
Short 20.13 to 21.26 . 20.62 (56.64%) .