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 27.6 to 37.74 . 33.13 (45.46%) .
Intermediate 31.08 to 37.74 . . 33.13 (69.22%)
Short 31.08 to 37.74 . . 33.13 (69.22%)