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 30.79 to 24.63 . . 30.04 (87.82%)
Intermediate 24.63 to 28.02 26.78 (36.58%) . .
Short 26.47 to 28.02 . . 26.78 (80.00%)