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 27.83 to 19.73 . . 24.75 (61.98%)
Intermediate 25.39 to 19.73 . . 24.75 (88.69%)
Short 19.73 to 25.01 24.21 (15.15%) . .