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 27.86 to 31.67 . . 28.9883 (70.39%)
Intermediate 28.68 to 31.67 . . 28.9883 (89.69%)
Short 31.67 to 28.86 29.98 (39.86%) . .