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 39.8 to 35.685 . . 40.18 (109.23%)
Intermediate 36.59 to 39.72 39.417 (9.68%) . .
Short 38.7 to 39.72 39.417 (29.71%) . .