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 24.37 to 28.2389 . 26.5405 (43.90%) .
Intermediate 28.2389 to 26.499 . . 29.25 (158.11%)
Short 27.3457 to 26.499 . . 29.25 (324.91%)