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 27.56 to 14.03 . . 22.19 (60.31%)
Intermediate 14.03 to 22.19 . . 17.02 (63.36%)
Short 17.66 to 22.19 . . 17.02 (114.13%)