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 20.88 to 15.14 . . 19.61 (77.87%)
Intermediate 15.14 to 19.61 18.945 (14.88%) . .
Short 15.14 to 19.61 18.945 (14.88%) . .