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 37.1699 to 23.66 27.87 (31.16%) . .
Intermediate 32.493 to 23.66 . 27.87 (47.66%) .
Short 29.92 to 23.66 . . 27.87 (67.25%)