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 17.9 to 26.99 . 22.18 (52.92%) .
Intermediate 21.53 to 26.99 . . 22.18 (88.10%)
Short 26.99 to 22.18 23 (17.05%) . .