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 33.6 to 18 . 24.55 (41.99%) .
Intermediate 24.55 to 19.42 . 22.14 (53.02%) .
Short 23.83 to 19.42 . . 22.14 (61.68%)