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 17.37 to 18.37 18.19 (18.00%) . .
Intermediate 17.9 to 18.37 18.19 (38.30%) . .
Short 17.9 to 18.69 . 18.33 (45.57%) .