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 19.92 to 36.78 . . 22.01 (87.60%)
Intermediate 23.49 to 36.78 . . 22.01 (111.14%)
Short 36.78 to 22.01 22.94 (6.30%) . .