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 22.4 to 26.59 . 24.64 (46.54%) .
Intermediate 23.54 to 26.59 . . 24.64 (63.93%)
Short 26.59 to 24.64 25.4 (38.97%) . .