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 34.34 to 27.54 . . 35.58 (118.24%)
Intermediate 32.57 to 30.49 . . 35.58 (244.71%)
Short 32.15 to 30.58 . . 35.58 (318.47%)