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 31.77 to 16.95 . . 26.7 (65.79%)
Intermediate 18.76 to 26.7 . . 21.7 (62.97%)
Short 24.52 to 21.48 . 23.17 (55.59%) .