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 25.72 . 24.13 (56.38%) .
Intermediate 23.77 to 25.72 . . 24.13 (81.54%)
Short 25.72 to 24.53 . 25.09 (47.06%) .