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 27.24 to 18.7 . 23.27 (53.51%) .
Intermediate 23.4 to 18.7 . . 23.27 (97.23%)
Short 18.7 to 22.93 22.41 (12.29%) . .