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 8.35 to 22.8 22.41 (2.70%) . .
Intermediate 10.86 to 22.8 22.41 (3.27%) . .
Short 17.73 to 22.8 22.41 (7.69%) . .