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 35.61 to 23.32 . . 34.2 (88.53%)
Intermediate 28.07 to 34.21 32.16 (33.39%) . .
Short 30.12 to 34.21 . 32.16 (50.12%) .