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 26.39 to 19.56 . . 24.59 (73.65%)
Intermediate 26.19 to 19.56 . . 24.59 (75.87%)
Short 19.56 to 24.08 23.34 (16.37%) . .