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 20.46 to 16.34 . . 19.941 (87.40%)
Intermediate 18.9 to 20.1 . . 19.375 (60.42%)
Short 20.1 to 19.325 . . 19.852 (68.00%)