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 49.65 to 23.5 28.82 (20.34%) . .
Intermediate 43.71 to 23.5 28.82 (26.32%) . .
Short 28.07 to 23.5 . . 28.82 (116.41%)