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 20.96 to 15.9 . 18.31 (47.63%) .
Intermediate 20.4 to 15.9 . 18.31 (53.56%) .
Short 18.31 to 16.17 . . 17.58 (65.89%)