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 28.21 to 33.21 31.51 (34.00%) . .
Intermediate 28.99 to 33.21 . 31.51 (40.28%) .
Short 28.99 to 33.21 . 31.51 (40.28%) .