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 35.37 to 30.61 . . 35.447 (101.62%)
Intermediate 31.73 to 34.34 34 (13.03%) . .
Short 34.2 to 34.89 . . 34.38 (73.91%)