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 20.69 to 18.72 . . 20.43 (86.80%)
Intermediate 19.42 to 20.2 20.02 (23.08%) . .
Short 19.42 to 20.2 20.02 (23.08%) . .