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 39.38 to 34.2 . 36.54 (45.17%) .
Intermediate 38.1 to 34.2 . . 36.54 (60.00%)
Short 36.52 to 35.11 . 35.9242 (57.74%) .