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 31.99 to 24.25 . . 29.84 (72.22%)
Intermediate 30.75 to 24.25 . . 29.84 (86.00%)
Short 24.3 to 29.84 . . 24.84 (90.25%)