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 47 to 36 . 40.75 (43.18%) .
Intermediate 36.1 to 40.75 . . 36.5 (91.40%)
Short 37.33 to 40.2 . . 37.52 (93.38%)