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 36.82 to 25.59 . . 32.85 (64.65%)
Intermediate 31.63 to 29.02 . . 32.85 (146.74%)
Short 29.02 to 31.32 . . 29.56 (76.52%)