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 18.84 to 14.44 . . 20.12 (129.09%)
Intermediate 18.84 to 14.44 . . 20.12 (129.09%)
Short 15.21 to 17.62 16.9 (29.88%) . .