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 24.06 to 18.11 . . 22.52 (74.12%)
Intermediate 19.68 to 22.67 . . 20.56 (70.57%)
Short 22.63 to 20.56 . 21.6 (50.24%) .