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 24.49 to 38.9 . 31.36 (52.32%) .
Intermediate 30.01 to 38.9 . . 31.36 (84.81%)
Short 38.9 to 32.12 . 35.23 (45.87%) .