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 17.58 to 21.07 20.05 (29.23%) . .
Intermediate 21.07 to 20.05 . . 20.81 (74.51%)
Short 20.82 to 20.05 . . 20.81 (98.70%)