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 35.788 to 26.31 28.89 (27.22%) . .
Intermediate 32.014 to 26.31 . 28.89 (45.23%) .
Short 28.89 to 26.21 . . 27.91 (63.43%)