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 17.42 to 50.3 . . 18.45 (96.87%)
Intermediate 50.3 to 19.63 23.22 (11.71%) . .
Short 25.965 to 19.63 . 23.22 (56.67%) .