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 20.3 to 30.95 29.9 (9.86%) . .
Intermediate 30.95 to 29.89 . . 39.5 (906.60%)
Short 29.9 to 39.36 38.64 (7.61%) . .