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 18.04 to 30.01 . 23.23 (56.64%) .
Intermediate 30.01 to 22 . . 29 (87.39%)
Short 27.17 to 23.17 . . 25.72 (63.75%)