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 31.67 to 19.1 21.48 (18.93%) . .
Intermediate 25.81 to 19.1 21.48 (35.47%) . .
Short 23.28 to 18.79 20.41 (36.08%) . .