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 19.72 to 15.91 16.72 (21.26%) . .
Intermediate 18.77 to 15.91 16.72 (28.32%) . .
Short 17.94 to 15.91 16.72 (39.90%) . .