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 17.9 to 21.5799 . 19.82 (47.82%) .
Intermediate 19.26 to 21.5799 . . 19.82 (75.86%)
Short 21.5799 to 19.82 . 20.78 (54.55%) .