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 42.9 . 34.96 (47.23%) .
Intermediate 29.61 to 42.9 . 34.96 (59.74%) .
Short 42.38 to 34.96 . . 40.37 (72.91%)