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 24.55 to 34.36 32 (24.06%) . .
Intermediate 29.53 to 34.36 . 32 (48.86%) .
Short 31.91 to 34.36 . . 32 (96.33%)