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 29.23 to 24.48 . 27.15 (56.21%) .
Intermediate 24.48 to 27.25 . . 25.11 (77.26%)
Short 27.25 to 25.11 . . 27.1 (92.99%)