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 28.3432 to 19.9635 . . 25.28 (63.44%)
Intermediate 20 to 25.28 . 22.6943 (48.97%) .
Short 20 to 25.28 . 22.6943 (48.97%) .