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 29.34 to 24.71 . . 28.805 (88.44%)
Intermediate 26.92 to 28.83 28.46 (19.37%) . .
Short 27.67 to 28.83 28.46 (31.90%) . .