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 17.76 to 22.525 . . 19.06 (72.72%)
Intermediate 22.525 to 19.06 . . 22.22 (91.20%)
Short 22.22 to 19.64 20.458 (31.71%) . .