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 19.5 to 17.58 . . 20.02 (127.08%)
Intermediate 18.38 to 17.98 . . 20.02 (510.00%)
Short 19.45 to 19.12 . . 20.02 (272.73%)