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 27.75 to 19.72 22.66 (36.61%) . .
Intermediate 25.92 to 19.72 . 22.66 (47.42%) .
Short 19.72 to 22.66 . 21.02 (55.78%) .