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 29.33 to 21.92 . . 27.5768 (76.34%)
Intermediate 28.07 to 21.92 . . 27.5768 (91.98%)
Short 21.92 to 26.48 25.9966 (10.60%) . .