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 21.02 to 30.945 28.28 (26.85%) . .
Intermediate 25.62 to 30.945 . 28.28 (50.05%) .
Short 30.945 to 28.28 . 29.363 (40.64%) .