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 37.7 to 13.76 . 27.146 (55.91%) .
Intermediate 27.146 to 21.284 . . 26.5 (88.98%)
Short 26.5 to 22.33 . . 26.07 (89.69%)