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 24.25 to 30 . . 24.89 (88.87%)
Intermediate 30 to 26.25 . 28 (46.67%) .
Short 28.35 to 25.11 . . 27.5 (73.77%)