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 23.37 to 29.5 . . 25.17 (70.64%)
Intermediate 29.5 to 26.8 27.35 (20.37%) . .
Short 28.53 to 25.17 25.4 (6.85%) . .