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 15.96 to 32.77 30.08 (16.00%) . .
Intermediate 18.72 to 32.77 30.08 (19.15%) . .
Short 21.6 to 32.77 30.08 (24.08%) . .