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 27.6 to 30.045 . . 28.1621 (77.01%)
Intermediate 28.1126 to 30.045 . . 28.1621 (97.44%)
Short 30.045 to 28.1621 28.4021 (12.75%) . .