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 34.5 to 20.82 24.85 (29.46%) . .
Intermediate 27.08 to 20.82 . . 24.85 (64.38%)
Short 25.58 to 20.82 . . 24.85 (84.66%)