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 23.8125 to 32.5 . . 26 (74.82%)
Intermediate 32.5 to 26 . . 29.91 (60.15%)
Short 26.87 to 29.85 . . 27.9775 (62.84%)