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 23.15 to 35 30.3 (39.66%) . .
Intermediate 35 to 30.3 . . 34.75 (94.68%)
Short 30.3 to 34.72 . . 31.15 (80.77%)