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 21.65 to 28.25 . . 22.82 (82.27%)
Intermediate 28.24 to 22.35 . . 27.21 (82.51%)
Short 22.35 to 27.21 . . 23.64 (73.46%)