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 19.44 to 16.17 . . 18.47 (70.34%)
Intermediate 18.61 to 16.17 . . 18.47 (94.26%)
Short 16.46 to 18.1 . 17.24 (52.44%) .