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 17.8 to 30.51 . . 21.72 (69.16%)
Intermediate 29.13 to 21.8 . 25.49 (50.34%) .
Short 21.8 to 25.85 . . 21.72 (101.98%)