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 19.47 to 38.38 . 29.072 (49.22%) .
Intermediate 21.27 to 38.38 . 29.072 (54.40%) .
Short 32.53 to 38.38 . . 29.072 (159.11%)