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 27.04 to 19.79 . 23.52 (51.45%) .
Intermediate 24.82 to 19.79 . . 23.52 (74.16%)
Short 19.79 to 23.29 22.74 (15.71%) . .