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 30.46 to 34.14 . 32.1308 (54.60%) .
Intermediate 34.14 to 32.0499 . . 34.0635 (96.34%)
Short 32.0499 to 34.09 . 32.99 (53.92%) .