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 43.42 to 16.95 24.22 (27.47%) . .
Intermediate 19.3 to 26.17 . . 19.69 (94.32%)
Short 26.17 to 20.37 22.37 (34.48%) . .