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 45.14 to 20.6 26.94 (25.84%) . .
Intermediate 27 to 20.75 . . 24.69 (63.04%)
Short 20.75 to 24.69 . . 21.92 (70.30%)