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 24.54 to 29.33 . . 26.13 (66.81%)
Intermediate 29.33 to 25.27 . . 30.18 (120.94%)
Short 28.23 to 25.45 . . 30.18 (170.14%)