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 2.4442 to 2.6718 2.5988 (32.07%) . .
Intermediate 2.5471 to 2.6718 . 2.5988 (58.54%) .
Short 2.5897 to 2.6718 . . 2.5988 (88.92%)