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 19.55 to 32.86 . 26.45 (48.16%) .
Intermediate 26.11 to 32.86 . . 26.45 (94.96%)
Short 32.26 to 27.59 28.7 (23.77%) . .