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 25.65 to 28.97 27.88 (32.83%) . .
Intermediate 26.57 to 28.97 . 27.88 (45.42%) .
Short 28.97 to 27.88 . . 28.89 (92.66%)