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 33.59 to 20.46 . 26.625 (46.95%) .
Intermediate 26.31 to 20.46 . . 26.625 (105.38%)
Short 20.46 to 27.24 . 24.3 (43.36%) .