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 20.8351 to 19.9 . . 20.809 (97.21%)
Intermediate 20.164 to 20.61 20.465 (32.51%) . .
Short 20.3459 to 20.809 20.665 (31.09%) . .