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 28.3 to 21.56 . 24.98 (50.74%) .
Intermediate 25.59 to 21.56 . . 24.98 (84.86%)
Short 25 to 23.69 . . 24.98 (98.47%)