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 24.9 to 32.93 . . 28.03 (61.02%)
Intermediate 28.03 to 30.94 . . 28.47 (84.88%)
Short 30.94 to 28.17 . 29.62 (52.35%) .