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 21.9 to 18.547 . . 21.3809 (84.52%)
Intermediate 18.547 to 20.83 20.6218 (9.12%) . .
Short 20.18 to 20.83 20.6218 (32.03%) . .