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 25.26 to 16.55 . . 22.2 (64.87%)
Intermediate 21.54 to 16.55 . . 22.2 (113.23%)
Short 18.29 to 22.2 . . 19.04 (80.82%)