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 28.95 to 42.29 . . 29.4 (96.63%)
Intermediate 42.29 to 29.28 . . 41.31 (92.47%)
Short 37.34 to 29.5 . . 41.31 (150.64%)