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 20.46 to 17.04 . . 19.75 (79.24%)
Intermediate 18.26 to 19.75 . . 18.52 (82.55%)
Short 18.26 to 19.9 . . 18.52 (84.15%)