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ODP Fibonacci Analysis

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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 17.7 to 28.8 . . 18.31 (94.50%)
Intermediate 18.66 to 24.28 . . 18.31 (106.23%)
Short 20.46 to 24.28 . . 18.31 (156.28%)
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