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 23.69 to 32.37 29.33 (35.02%) . .
Intermediate 27.89 to 32.37 . . 29.33 (67.86%)
Short 29.25 to 34.7 33.68 (18.72%) . .