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 22.03 to 27.6 . . 23.21 (78.82%)
Intermediate 27.6 to 23 . . 26.98 (86.52%)
Short 27.15 to 24.15 24.74 (19.67%) . .