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 33.545 to 30.97 . 32.26 (50.10%) .
Intermediate 32.44 to 30.97 . . 32.26 (87.76%)
Short 32.1 to 31.37 . . 31.85 (65.75%)