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 19.67 to 31 . 24.4 (58.25%) .
Intermediate 29.85 to 24.01 . 27 (51.20%) .
Short 27.17 to 24.01 . . 27 (94.62%)