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 19.62 to 21.97 . . 17.4 (194.47%)
Intermediate 21.61 to 20.29 . . 21.24 (71.97%)
Short 21.15 to 18.87 19.037 (7.32%) . .