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 19.48 to 12.5 . . 18.98 (92.84%)
Intermediate 19.48 to 12.5 . . 18.98 (92.84%)
Short 13.96 to 18.25 17.67 (13.52%) . .