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 42.58 to 18.69 21.57 (12.06%) . .
Intermediate 29.005 to 18.69 21.57 (27.92%) . .
Short 24.24 to 16.91 18.03 (15.28%) . .