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 29.4 to 31.17 30.88 (16.38%) . .
Intermediate 30.22 to 31.17 30.88 (30.53%) . .
Short 30.74 to 31.17 . . 30.88 (67.44%)