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 26.23 to 30.21 . . 27.31 (72.86%)
Intermediate 30.21 to 27.49 28.3 (29.78%) . .
Short 29.9 to 27.31 27.74 (16.60%) . .