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 27.82 to 30.7 . . 28.39 (80.21%)
Intermediate 30.7 to 28.39 . 29.41 (44.16%) .
Short 29.89 to 28.6001 . . 29.41 (62.79%)