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 19.25 to 30.74 29.27 (12.79%) . .
Intermediate 23.4 to 30.74 29.27 (20.03%) . .
Short 26.04 to 30.74 29.27 (31.28%) . .