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 23.01 to 30.12 28.24 (26.44%) . .
Intermediate 23.01 to 30.12 28.24 (26.44%) . .
Short 28.24 to 30.4 29.75 (30.09%) . .