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 23.06 to 29.18 . . 24.3749 (78.51%)
Intermediate 29.18 to 23.96 25.8001 (35.25%) . .
Short 27.21 to 23.96 . 25.8001 (56.62%) .