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 21.47 to 28.18 . . 23.18 (74.52%)
Intermediate 28.18 to 23.18 . . 27.75 (91.40%)
Short 23.18 to 27.75 26.56 (26.04%) . .