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 18.855 to 18.4 18.49 (19.78%) . .
Intermediate 18.77 to 18.4 18.49 (24.32%) . .
Short 18.64 to 18.4 18.49 (37.50%) . .