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 36.69 to 27.3 . 31.88 (48.78%) .
Intermediate 34.23 to 27.3 . . 31.88 (66.09%)
Short 31.88 to 29.31 . . 31.72 (93.77%)