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 28.58 to 42.99 . . 31.62 (78.90%)
Intermediate 29.04 to 42.99 . . 31.62 (81.51%)
Short 42.99 to 30 . . 37.9 (60.82%)