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 27.5 to 30.52 30.18 (11.26%) . .
Intermediate 29.33 to 30.52 30.18 (28.57%) . .
Short 29.62 to 30.52 30.18 (37.78%) . .