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 29.63 to 23.48 . . 30.2 (109.27%)
Intermediate 24.75 to 29.18 28.78 (9.03%) . .
Short 29.18 to 28.78 . . 30.2 (355.00%)