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 21.61 to 18.08 . 19.9469 (52.89%) .
Intermediate 20.0199 to 18.4447 . . 19.5303 (68.92%)
Short 19.78 to 17.655 17.845 (8.94%) . .