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 32.45 to 24.114 26.79 (32.10%) . .
Intermediate 29.13 to 24.114 . 26.79 (53.35%) .
Short 28.524 to 23.9 25.174 (27.55%) . .