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 34.28 to 27.28 . . 32.39 (73.00%)
Intermediate 30.58 to 32.43 . 31.57 (46.49%) .
Short 30.96 to 32.43 . 31.57 (58.50%) .