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 30.34 to 40.86 . . 30.32 (100.19%)
Intermediate 31.53 to 40.86 . . 30.32 (112.97%)
Short 40.86 to 36.07 . . 39.88 (79.54%)