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 32.5 to 22.74 . . 42.36 (201.02%)
Intermediate 32.5 to 22.74 . . 42.36 (201.02%)
Short 22.74 to 42.36 42.17 (0.97%) . .