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 19.23 to 20.99 . 20.1 (50.57%) .
Intermediate 20.99 to 20.11 . 20.53 (47.73%) .
Short 20.24 to 20.55 . . 20.1 (145.16%)