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 15.61 to 20.55 . 18.42 (43.12%) .
Intermediate 20.55 to 18.26 . . 20.13 (81.66%)
Short 18.26 to 20.17 . 19.13 (54.45%) .