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 30.12 to 26.44 . . 29.965 (95.79%)
Intermediate 26.44 to 29.6 29.171 (13.58%) . .
Short 29.11 to 29.965 29.77 (22.81%) . .