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 15.9 to 19.57 18.5 (29.16%) . .
Intermediate 17.7501 to 19.57 . 18.5 (58.79%) .
Short 18.79 to 20.1663 . 19.51 (47.69%) .