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 31.02 to 22.36 25.81 (39.84%) . .
Intermediate 22.36 to 25.81 . . 22.03 (109.57%)
Short 25.81 to 21.83 22.59 (19.10%) . .