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 13.17 to 31.33 26.17 (28.41%) . .
Intermediate 24.72 to 31.33 . . 26.17 (78.06%)
Short 31.33 to 26.17 28.23 (39.92%) . .