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 29.1 to 21.62 . 24.85 (43.18%) .
Intermediate 29.08 to 21.62 . 24.85 (43.30%) .
Short 26.46 to 21.62 . . 24.85 (66.74%)