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 45.14 to 31.98 34.49 (19.07%) . .
Intermediate 37.59 to 31.98 . 34.49 (44.74%) .
Short 37.37 to 31.98 . 34.49 (46.57%) .