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 18.27 to 27.07 . 22.95 (46.82%) .
Intermediate 27.07 to 22.57 . . 27.81 (116.44%)
Short 23.48 to 26.28 25.28 (35.71%) . .