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 29.12 to 38.23 35.14 (33.92%) . .
Intermediate 33.8 to 38.23 . . 35.14 (69.75%)
Short 34.63 to 38.23 . . 35.14 (85.83%)