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 27.46 to 33.95 . . 28.89 (77.97%)
Intermediate 33.95 to 30.44 . 31.97 (43.59%) .
Short 32.54 to 30.44 . . 31.97 (72.86%)