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 29.26 to 22.096 24.852 (38.47%) . .
Intermediate 28.3 to 22.096 . 24.852 (44.42%) .
Short 25.174 to 22.096 . . 24.852 (89.54%)