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 19.27 to 21.65 . . 19.55 (88.24%)
Intermediate 21.65 to 19.55 . . 20.85 (61.90%)
Short 21.55 to 19.55 . . 20.85 (65.00%)