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 to 14.85 . . 19.935 (98.74%)
Intermediate 16.14 to 18.45 . 17.18 (54.98%) .
Short 17.95 to 19.212 18.838 (29.64%) . .