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 19.25 to 29.74 26.04 (35.27%) . .
Intermediate 22.35 to 29.74 . 26.04 (50.07%) .
Short 29.74 to 26.04 . . 30.56 (122.16%)