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 26.03 to 21.92 . . 24.84 (71.05%)
Intermediate 25.48 to 21.92 . . 24.84 (82.02%)
Short 24.9 to 23.28 . 23.94 (40.74%) .