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 33.44 to 28.08 . . 32.24 (77.61%)
Intermediate 30.78 to 32.51 . . 31.4 (64.16%)
Short 32.51 to 31.3 . . 32.06 (62.81%)