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 22.78 to 35.62 34.05 (12.23%) . .
Intermediate 28.89 to 35.62 34.05 (23.33%) . .
Short 35.62 to 33.94 . . 35.66 (102.38%)