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 17.89 to 14.98 . . 17.8 (96.91%)
Intermediate 17.86 to 16.95 17.21 (28.57%) . .
Short 17.78 to 16.95 17.21 (31.33%) . .