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 32.26 to 28.83 . . 31.01 (63.56%)
Intermediate 29.94 to 30.57 . . 30 (90.48%)
Short 30.04 to 30.52 . . 30.16 (75.00%)