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 30 to 22.15 . . 28.3 (78.34%)
Intermediate 23.6 to 28 . 26.23 (40.23%) .
Short 27.61 to 26.23 . . 28.3 (150.00%)