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 25.68 to 30.39 . 28.44 (41.40%) .
Intermediate 27.2 to 30.39 . . 28.44 (61.13%)
Short 28.03 to 30.39 . . 28.44 (82.63%)