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 21.21 to 15.44 17.67 (38.65%) . .
Intermediate 19.77 to 15.44 . 17.67 (51.50%) .
Short 19.09 to 15.44 . . 17.67 (61.10%)