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 4.25 to 25.44 22.58 (13.50%) . .
Intermediate 10.7 to 25.44 22.58 (19.40%) . .
Short 22.14 to 28.44 . 24.96 (55.24%) .