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 36.77 to 33.38 . 35.07 (49.85%) .
Intermediate 35.62 to 33.38 . . 35.07 (75.45%)
Short 33.58 to 35.07 . 34.41 (44.30%) .