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 35.515 to 23.95 . . 34.38 (90.19%)
Intermediate 30.17 to 23.95 . . 34.38 (167.68%)
Short 23.95 to 34.38 34.38 (0.00%) . .