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 28.87 to 17.9 . 24.29 (58.25%) .
Intermediate 20.93 to 18.09 . . 24.29 (218.31%)
Short 18.76 to 19.82 19.45 (34.91%) . .