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 28.9 to 38.24 . 33.91 (46.36%) .
Intermediate 38.24 to 33.91 . . 38.97 (116.86%)
Short 38.24 to 34.84 . . 38.97 (121.47%)