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 21 to 17.76 . 19.4683 (52.73%) .
Intermediate 19.93 to 17.76 . . 19.4683 (78.72%)
Short 18.83 to 19.5 . 19.21 (43.28%) .