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 27.12 to 21.88 . . 25.85 (75.76%)
Intermediate 21.88 to 25.85 . . 22.37 (87.66%)
Short 24.89 to 22.17 . . 24.15 (72.79%)