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 29.2 to 24.13 . . 31.06 (136.69%)
Intermediate 28.81 to 24.13 . . 31.06 (148.08%)
Short 26.55 to 24.24 . . 31.06 (295.24%)