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 20.74 to 17.9 . . 21.085 (112.15%)
Intermediate 18.41 to 20.74 . 19.76 (42.06%) .
Short 19.26 to 20.74 . . 19.76 (66.22%)