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 33.08 to 18.93 22.65 (26.29%) . .
Intermediate 24.94 to 18.93 . . 22.65 (61.90%)
Short 23.62 to 18.93 . . 22.65 (79.32%)