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 34.1851 to 19.95 . 26.33 (44.82%) .
Intermediate 27.45 to 19.95 . . 26.33 (85.07%)
Short 22.3 to 26.33 . 24.64 (41.94%) .