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 26.89 to 21.34 . . 25.52 (75.32%)
Intermediate 21.34 to 25.52 . . 21.91 (86.36%)
Short 25.52 to 21.91 22.27 (9.97%) . .