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 30.91 to 18.88 . . 29.17 (85.54%)
Intermediate 29.65 to 18.88 . . 29.17 (95.54%)
Short 18.88 to 28.1 27.08 (11.06%) . .