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 7.255 to 26.86 . 18.9 (40.60%) .
Intermediate 13.92 to 26.86 . . 18.9 (61.51%)
Short 26.86 to 18.87 19.77 (11.26%) . .