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 26.39 to 32.81 31.55 (19.63%) . .
Intermediate 30.67 to 32.81 . 31.55 (58.88%) .
Short 32.81 to 31.55 . . 32.589 (82.46%)