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 17.15 to 26.06 24.91 (12.91%) . .
Intermediate 20.3 to 26.06 24.91 (19.97%) . .
Short 23.2 to 26.06 . 24.91 (40.21%) .