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 25.18 to 23.57 . 24.42 (52.80%) .
Intermediate 24.456 to 24.115 . . 24.35 (68.91%)
Short 24.115 to 24.35 . 24.255 (40.43%) .