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 43.88 to 34.59 . 39.57 (53.61%) .
Intermediate 36.69 to 39.74 . . 37.78 (64.26%)
Short 39.74 to 37.78 . . 38.97 (60.71%)