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 33.17 to 27.11 . . 31.053 (65.07%)
Intermediate 31.69 to 27.11 . . 31.053 (86.09%)
Short 29.5 to 31.15 . . 30.0645 (65.79%)