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 52.27 to 24.91 31.22 (23.06%) . .
Intermediate 38.49 to 24.91 . 31.22 (46.47%) .
Short 33.79 to 24.91 . . 31.22 (71.06%)