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 40 to 24 . . 35.26 (70.37%)
Intermediate 35.26 to 28.05 . . 33 (68.65%)
Short 29.51 to 30.51 . . 29.8 (71.00%)