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 28.9498 to 36.62 34.5675 (26.76%) . .
Intermediate 32.92 to 36.62 . 34.5675 (55.47%) .
Short 36.62 to 34.8 . 35.76 (52.75%) .