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 34.01 to 31 32.08 (35.88%) . .
Intermediate 32.1 to 31.09 . . 32.08 (98.02%)
Short 31.32 to 31.97 31.76 (32.31%) . .