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 41.45 to 27.38 32.44 (35.96%) . .
Intermediate 32.44 to 27.68 . . 31.53 (80.88%)
Short 31.96 to 27.68 . . 31.53 (89.95%)