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 27.01 to 37.1557 . . 30.22 (68.36%)
Intermediate 37.1557 to 30.14 . . 35 (69.27%)
Short 30.14 to 35 . . 30.22 (98.35%)