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 18.1 to 16.86 . 17.38 (41.94%) .
Intermediate 17.88 to 16.86 . 17.38 (50.98%) .
Short 17.65 to 16.86 . . 17.38 (65.82%)