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 14.28 to 20.89 18.845 (30.94%) . .
Intermediate 17.85 to 20.89 . . 18.845 (67.27%)
Short 20.46 to 18.845 . . 20.025 (73.07%)