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 31.86 to 22.84 24.4 (17.29%) . .
Intermediate 28.34 to 22.84 24.4 (28.36%) . .
Short 25.99 to 22.84 . 24.4 (49.52%) .