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 30.34 to 20.17 . . 26.41 (61.36%)
Intermediate 27.11 to 23.4 . . 26.41 (81.13%)
Short 24 to 26.56 . . 24.36 (85.94%)