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 28.281 to 32.1 31.64 (12.05%) . .
Intermediate 28.281 to 32.1 31.64 (12.05%) . .
Short 31.54 to 32.1 . . 31.64 (82.14%)