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 24.87 to 31.2192 . 28.469 (43.32%) .
Intermediate 27.4082 to 31.2192 . . 28.469 (72.16%)
Short 29.4037 to 31.2192 . . 28.469 (151.48%)