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 27.3031 to 31.42 . . 28.9397 (60.25%)
Intermediate 28.9397 to 30.36 . . 29.25 (78.15%)
Short 29.25 to 30.91 30.44 (28.31%) . .