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 17.54 to 30.77 . 24.72 (45.73%) .
Intermediate 22.32 to 30.77 . . 24.72 (71.60%)
Short 23.67 to 30.77 . . 24.72 (85.21%)