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 16.96 to 35.81 31.09 (25.04%) . .
Intermediate 29.5 to 35.81 . . 31.09 (74.80%)
Short 35.81 to 32.97 . . 36.11 (110.56%)