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 27.05 to 20.625 . . 25.29 (72.61%)
Intermediate 26.3776 to 20.625 . . 25.29 (81.09%)
Short 21.9458 to 24.24 23.6213 (26.97%) . .