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 30.83 to 22.82 . . 27.94 (63.92%)
Intermediate 28.78 to 22.82 . . 27.94 (85.91%)
Short 22.82 to 27.34 25.85 (32.96%) . .