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 24.14 to 17.74 19.79 (32.03%) . .
Intermediate 23.9 to 17.74 19.79 (33.28%) . .
Short 21.27 to 17.74 . 19.79 (58.07%) .