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 32.42 to 35.6 34.95 (20.44%) . .
Intermediate 34.47 to 35.6 . 34.95 (57.52%) .
Short 34.87 to 35.6 . . 34.95 (89.04%)