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 421.4 to 25.93 29.1 (0.80%) . .
Intermediate 29.1 to 27.51 . . 29.02 (94.97%)
Short 28.26 to 29 . . 24.91 (552.70%)