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 28.16 to 32.66 . . 28.9 (83.56%)
Intermediate 32.66 to 29.28 30.21 (27.51%) . .
Short 32.09 to 29.28 30.21 (33.10%) . .