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 46.28 to 26.23 33.36 (35.56%) . .
Intermediate 35 to 26.23 . . 33.36 (81.30%)
Short 27.84 to 26.5 . . 33.36 (511.94%)