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 20.85 to 18.82 . . 20.0457 (60.38%)
Intermediate 19.9 to 18.82 . . 20.0457 (113.49%)
Short 19.83 to 18.82 . . 20.0457 (121.36%)