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 21.29 to 39.4 34.93 (24.68%) . .
Intermediate 33.082 to 39.4 . . 34.93 (70.75%)
Short 34.93 to 43.07 41.16 (23.46%) . .