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 20.97 to 38.5 36.06 (13.92%) . .
Intermediate 21.66 to 38.5 36.06 (14.49%) . .
Short 35.77 to 38.5 . . 36.06 (89.38%)