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 29.81 to 31.3 . . 30.1 (80.54%)
Intermediate 29.97 to 31.3 . . 30.1 (90.23%)
Short 31.3 to 30.15 30.27 (10.43%) . .