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 196.3 to 27.2 31.54 (2.57%) . .
Intermediate 61.5 to 27.2 31.54 (12.65%) . .
Short 54 to 27.2 31.54 (16.19%) . .