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 26.62 to 12.41 . . 21.9035 (66.81%)
Intermediate 14.34 to 20.87 19.02 (28.33%) . .
Short 18.901 to 20.87 . . 19.02 (93.96%)