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 25.67 to 17.32 20.58 (39.04%) . .
Intermediate 22.58 to 17.32 . . 20.58 (61.98%)
Short 20.65 to 18.81 19.51 (38.04%) . .