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 18.32 to 46.55 . . 19.51 (95.78%)
Intermediate 18.83 to 24.77 . . 19.51 (88.55%)
Short 24.77 to 19.51 . . 22.93 (65.02%)