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 31.35 to 34.75 . 32.75 (58.82%) .
Intermediate 34.74 to 32.75 . . 34.5 (87.94%)
Short 34.7 to 32.75 . . 34.5 (89.74%)