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 30.76 to 24.96 . . 28.89 (67.76%)
Intermediate 24.96 to 28.89 . . 25.5 (86.26%)
Short 25.3 to 28.89 . . 25.5 (94.43%)