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 24.73 to 40.35 34.65 (36.49%) . .
Intermediate 27.2 to 40.35 . 34.65 (43.35%) .
Short 40.35 to 34.65 36.1331 (26.02%) . .