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 21.69 to 27.75 . . 23.65 (67.66%)
Intermediate 23.29 to 27.75 . . 23.65 (91.93%)
Short 27.75 to 23.33 . 25.4 (46.83%) .