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 41.64 to 28.72 31.56 (21.98%) . .
Intermediate 33.37 to 28.72 . . 31.56 (61.08%)
Short 31.77 to 25.57 26.99 (22.90%) . .