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 36.75 to 21.18 . 28.09 (44.38%) .
Intermediate 30.57 to 21.18 . . 28.09 (73.59%)
Short 21.18 to 28.3 25.84 (34.55%) . .