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 39.05 to 25.71 . 31.99 (47.08%) .
Intermediate 33.88 to 25.71 . . 31.99 (76.87%)
Short 31.36 to 28.48 . . 31.6 (108.33%)