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 26.09 to 38.9 . . 21.63 (134.82%)
Intermediate 35.24 to 26.87 . . 33.9 (83.99%)
Short 33.64 to 21.63 24.13 (20.82%) . .