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 15.38 to 21 19.905 (19.48%) . .
Intermediate 18.2 to 21 19.905 (39.11%) . .
Short 20.0957 to 21.33 21.16 (13.77%) . .