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 22.82 to 38.52 . . 25.93 (80.19%)
Intermediate 24.2 to 38.52 . . 25.93 (87.92%)
Short 25.88 to 38.52 . . 25.93 (99.60%)