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 37.745 to 35.937 . 36.875 (51.88%) .
Intermediate 36.455 to 35.937 . . 36.875 (181.08%)
Short 35.937 to 36.774 36.455 (38.11%) . .