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 23.84 to 37.9 . . 26.28 (82.65%)
Intermediate 32.3 to 27.96 . . 31.72 (86.64%)
Short 31.14 to 26.76 27.08 (7.31%) . .