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 29.48 to 18.49 22.74 (38.67%) . .
Intermediate 18.49 to 21.095 20.27 (31.67%) . .
Short 21.03 to 22.45 . 21.83 (43.66%) .