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 16.67 to 24.85 . . 18.94 (72.25%)
Intermediate 24.85 to 18.89 . . 22.58 (61.91%)
Short 22.5 to 18.89 . . 22.58 (102.22%)