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 24.19 to 24.68 . . 24.24 (89.80%)
Intermediate 24.35 to 24.67 24.565 (32.81%) . .
Short 24.46 to 24.67 . 24.565 (50.00%) .