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 28.34 to 22.84 . . 27.85 (91.09%)
Intermediate 28.16 to 23.7 . . 27.25 (79.60%)
Short 23.7 to 27.25 . . 21.75 (154.93%)