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 17.42 to 50.3 . . 27.34 (69.83%)
Intermediate 17.42 to 50.3 . . 27.34 (69.83%)
Short 50.3 to 27.71 30.14 (10.76%) . .