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 25.52 to 35.45 . . 26.8 (87.11%)
Intermediate 33 to 26.8 . . 32.9 (98.39%)
Short 32.9 to 27.5 29 (27.78%) . .