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 to 31.3795 23.375 (25.51%) . .
Intermediate 31.2 to 23.15 . . 30 (85.09%)
Short 26.7 to 24.1 . . 30 (226.92%)