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 30.08 to 23.07 . 26.95 (55.35%) .
Intermediate 28.55 to 23.07 . . 26.95 (70.80%)
Short 23.07 to 27.56 25.87 (37.64%) . .