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 19.18 to 14.67 . . 18.78 (91.13%)
Intermediate 16.33 to 17.72 . . 16.62 (79.14%)
Short 17.7 to 16.55 . . 18.78 (193.91%)