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 34.14 to 25.19 . 28.94 (41.90%) .
Intermediate 31.42 to 25.19 . . 28.94 (60.19%)
Short 31.14 to 23.88 25.19 (18.04%) . .