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 18.2 to 21.4 . . 18.84 (80.00%)
Intermediate 21.2 to 19.94 20.18 (19.05%) . .
Short 20.2 to 19.9 19.925 (8.33%) . .