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 21.05 to 29.73 . . 22.37 (84.79%)
Intermediate 29.73 to 24.3 26.18 (34.62%) . .
Short 29.38 to 21.97 24.42 (33.06%) . .