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 29.55 to 37.75 . . 30.45 (89.02%)
Intermediate 37.75 to 30.15 . 33.5 (44.08%) .
Short 35.6 to 30.15 . . 33.5 (61.47%)