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 42.87 to 28.6 . 34.94 (44.43%) .
Intermediate 28.6 to 35.27 . 31.4 (58.02%) .
Short 35.27 to 31.33 32.88 (39.34%) . .