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 37.37 to 22.13 . . 31.57 (61.94%)
Intermediate 24 to 31.57 . 28.49 (40.69%) .
Short 27.86 to 31.57 . . 28.49 (83.02%)