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 22.8 to 32.73 31.09 (16.52%) . .
Intermediate 32.73 to 30.95 . . 33.359 (135.34%)
Short 31 to 33.31 32.76 (23.81%) . .