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 15.17 to 23 21.262 (22.20%) . .
Intermediate 17.1903 to 23 21.262 (29.92%) . .
Short 19.15 to 23 . 21.262 (45.14%) .