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 18.89 to 25.08 . 22.5 (41.68%) .
Intermediate 20.996 to 25.08 . . 22.5 (63.17%)
Short 25.08 to 21.84 . . 25.62 (116.67%)