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 22.815 to 30.67 . 26.8 (49.27%) .
Intermediate 30.67 to 26.61 . . 29.16 (62.81%)
Short 29.2 to 26.61 . . 29.16 (98.46%)