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 36.23 to 23.65 . . 34.67 (87.60%)
Intermediate 23.65 to 34.28 30.97 (31.14%) . .
Short 30.97 to 34.9 . . 32.15 (69.97%)