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 24.11 to 30.79 . 27.57 (48.20%) .
Intermediate 27.49 to 30.79 . . 27.57 (97.58%)
Short 29.07 to 30.79 . . 27.57 (187.21%)