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 28.77 to 32.9 32.36 (13.08%) . .
Intermediate 29.52 to 32.9 32.36 (15.98%) . .
Short 31.14 to 32.9 32.36 (30.68%) . .