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 29.93 to 24.9023 . . 31.193 (125.12%)
Intermediate 26.17 to 29.2733 28.3878 (28.53%) . .
Short 29.46 to 31.193 . . 29.9341 (72.64%)