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 18 to 20 . . 18.05 (97.50%)
Intermediate 18.6 to 19.6 . 19.1 (50.00%) .
Short 19.1 to 19.62 19.55 (13.46%) . .