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 19.58 to 27.52 . . 22.5 (63.22%)
Intermediate 27.52 to 22.5 . 25.04 (50.60%) .
Short 26.01 to 22.5 . . 25.04 (72.36%)