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 17.26 to 25.53 24.53 (12.09%) . .
Intermediate 25.53 to 24.4 . . 25.61 (107.08%)
Short 24.4 to 25.56 25.47 (7.76%) . .