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 24.4 to 26.43 . . 24.96 (72.41%)
Intermediate 26.43 to 24.75 . . 25.7746 (60.99%)
Short 25.8 to 25.1 . . 25.7746 (96.37%)