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 27.28 to 20.04 . 23.58 (48.90%) .
Intermediate 25.27 to 20.04 . . 23.58 (67.69%)
Short 24.5 to 20.04 . . 23.58 (79.37%)