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 36.01 to 23.45 . . 31.24 (62.02%)
Intermediate 33.06 to 23.45 . . 31.24 (81.06%)
Short 24.2 to 30 29.77 (3.97%) . .