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 23.86 to 30.22 . 27.09 (49.21%) .
Intermediate 26.69 to 30.22 . . 27.09 (88.67%)
Short 30.22 to 27.07 . 28.37 (41.27%) .