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 40.28 to 30 32.84 (27.63%) . .
Intermediate 39.75 to 30 32.84 (29.13%) . .
Short 30 to 32.9 . . 30.94 (67.59%)