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 26.28 to 19.76 . . 25.12 (82.21%)
Intermediate 19.85 to 24 . 22.04 (47.23%) .
Short 20.35 to 24 . 22.04 (53.70%) .