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 22.9 to 32.7 . . 25.02 (78.37%)
Intermediate 25.02 to 29.8 . 27.7 (43.93%) .
Short 29.8 to 27.11 . . 29.9 (103.72%)