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 17.77 to 19.57 . . 18.43 (63.33%)
Intermediate 19.57 to 18.43 . . 19.43 (87.72%)
Short 18.43 to 19.43 . 18.84 (59.00%) .