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 27.04 to 30.82 . 28.75 (54.76%) .
Intermediate 30.82 to 29.16 . 30.08 (55.42%) .
Short 29.16 to 30.29 . . 28.75 (136.28%)