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 30.04 to 36.07 33.74 (38.64%) . .
Intermediate 36.07 to 33.74 . . 35.53 (76.82%)
Short 35.53 to 33.83 . . 35.05 (71.76%)