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 29.08 to 21.62 . . 28.3 (89.54%)
Intermediate 21.62 to 27.74 26.96 (12.75%) . .
Short 27.74 to 26.82 . . 28.3 (160.87%)