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 to 32 24.81 (22.47%) . .
Intermediate 28.01 to 24.81 . . 37.28 (389.69%)
Short 27.55 to 37.28 . 32.05 (53.75%) .