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 23.63 to 28.63 28.36 (5.40%) . .
Intermediate 27.59 to 28.63 28.36 (25.96%) . .
Short 28.63 to 28.36 . . 29.52 (429.63%)