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 35.04 to 28.48 . . 34.77 (95.88%)
Intermediate 28.48 to 34.77 33.01 (27.98%) . .
Short 29.13 to 34.77 33.01 (31.21%) . .