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 27.51 to 18.11 21.3 (33.94%) . .
Intermediate 24.66 to 18.11 . 21.3 (48.70%) .
Short 22.21 to 18.11 . . 21.3 (77.80%)