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 20.33 to 14.64 . . 20.48 (102.64%)
Intermediate 19.27 to 14.64 . . 20.48 (126.13%)
Short 15 to 18.33 17.25 (32.43%) . .