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 23.22 to 33.83 . . 19.97 (130.63%)
Intermediate 33.83 to 23.86 26.54 (26.88%) . .
Short 33.53 to 19.97 23.68 (27.36%) . .