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 27.01 to 20.58 21.13 (8.55%) . .
Intermediate 26.16 to 20.58 21.13 (9.86%) . .
Short 22.96 to 19.89 20.14 (8.14%) . .