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 33.8 to 25.99 . 29.6 (46.22%) .
Intermediate 29.65 to 25.99 . . 29.6 (98.63%)
Short 29.64 to 25.99 . . 29.6 (98.90%)