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 27.8 to 29.26 . . 27.82 (98.63%)
Intermediate 29.17 to 27.97 28.34 (30.83%) . .
Short 28.38 to 27.97 . . 28.34 (90.24%)