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 23.28 to 27.54 25.85 (39.67%) . .
Intermediate 24.77 to 27.54 . . 25.85 (61.01%)
Short 27.54 to 25.84 . . 26.955 (65.59%)