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 28.74 to 39.31 . 34.98 (40.96%) .
Intermediate 31.03 to 39.31 . 34.98 (52.29%) .
Short 38.06 to 39.31 . . 34.98 (346.40%)