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 39.6 to 24.75 . . 34.9 (68.35%)
Intermediate 26.05 to 33.52 31.08 (32.66%) . .
Short 29.12 to 33.52 . 31.08 (55.45%) .