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 30.34 to 27.46 . . 30.65 (110.76%)
Intermediate 27.59 to 30.07 29.8201 (10.08%) . .
Short 28.93 to 30.07 29.8201 (21.92%) . .