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 18.9 to 21.97 . 20.29 (54.72%) .
Intermediate 21.97 to 20.29 . 21.24 (56.55%) .
Short 20.29 to 21.26 . . 20.61 (67.01%)