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 18.28 to 20.346 . 19.435 (44.09%) .
Intermediate 20.346 to 19.921 20.089 (39.53%) . .
Short 20.346 to 19.77 19.916 (25.35%) . .