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 37.02 to 26.07 . . 32.94 (62.74%)
Intermediate 33.91 to 26.07 . . 32.94 (87.63%)
Short 26.3 to 29 . . 27.24 (65.19%)