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 17.46 to 22.32 20.53 (36.83%) . .
Intermediate 20.39 to 22.32 . . 20.53 (92.75%)
Short 21.72 to 20.51 . . 21.28 (63.64%)