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 20.84 to 64.99 . . 21.7 (98.05%)
Intermediate 64.99 to 21.7 31.04 (21.58%) . .
Short 23.17 to 31.04 . . 25.97 (64.42%)