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 27.3 . . 33.67 (76.65%)
Intermediate 34.82 to 27.3 . . 33.67 (84.71%)
Short 33.67 to 27.74 . . 33.47 (96.63%)