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 24.32 to 43.03 . 34.55 (45.32%) .
Intermediate 28.09 to 43.03 . 34.55 (56.76%) .
Short 30.14 to 43.03 . . 34.55 (65.79%)