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 33.05 to 25.72 . . 32.24 (88.95%)
Intermediate 28.54 to 31.5 . 29.77 (58.45%) .
Short 29.16 to 31.5 . . 29.77 (73.93%)