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 27.22 to 15.1275 . . 22.4123 (60.24%)
Intermediate 23.92 to 15.1275 . . 22.4123 (82.85%)
Short 16.994 to 21.92 20.6875 (25.02%) . .