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 31.64 to 24.2 . . 29.72 (74.19%)
Intermediate 29.72 to 25.29 . . 28.63 (75.40%)
Short 29.72 to 25.29 . . 28.63 (75.40%)