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 30.08 to 38.04 . 34.78 (40.95%) .
Intermediate 30.58 to 38.04 . 34.78 (43.70%) .
Short 38.04 to 34.7 . . 37.13 (72.75%)