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 34.75 to 27.76 . . 33.37 (80.26%)
Intermediate 27.76 to 33.37 . . 29.94 (61.14%)
Short 29.75 to 33.37 . . 29.94 (94.75%)