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 23.24 to 30.68 29.84 (11.29%) . .
Intermediate 27.36 to 30.68 29.84 (25.30%) . .
Short 28.69 to 30.68 . 29.84 (42.21%) .