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 18.93 to 16.08 . 17.78 (59.65%) .
Intermediate 17.78 to 16.3 . . 17.34 (70.27%)
Short 17.27 to 16.58 . . 17.34 (110.14%)