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 19.82 to 26 . 23.11 (46.76%) .
Intermediate 22.3 to 26 . . 23.11 (78.11%)
Short 26 to 22.39 . . 27.55 (142.94%)