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 19.5 to 16.51 . . 19.16 (88.63%)
Intermediate 17.58 to 19.16 . 18.51 (41.14%) .
Short 18.2 to 19.16 . . 18.51 (67.71%)