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 25.85 to 33.83 . . 28.1 (71.80%)
Intermediate 26.18 to 32.98 . . 28.42 (67.06%)
Short 32.98 to 28.42 . . 32.93 (98.90%)