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 44.76 to 27.98 34.56 (39.21%) . .
Intermediate 42.65 to 27.98 . 34.56 (44.85%) .
Short 27.98 to 35 . . 28.17 (97.29%)