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 18.5 to 30.34 26.89 (29.14%) . .
Intermediate 23.77 to 30.34 . 26.89 (52.51%) .
Short 24.54 to 30.34 . 26.89 (59.48%) .