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 22.75 to 31.96 29.95 (21.82%) . .
Intermediate 25.64 to 31.96 29.95 (31.80%) . .
Short 26.84 to 31.96 29.95 (39.26%) . .