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 36.42 32.5 (10.76%) . .
Intermediate 31.3 to 36.42 . . 32.5 (76.56%)
Short 32.5 to 36.42 . . 32.5 (100.00%)