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 14.37 to 36.45 . 23.25 (59.78%) .
Intermediate 20.91 to 36.45 . . 23.25 (84.94%)
Short 36.45 to 23.25 . . 32 (66.29%)