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 39.45 to 34.94 . . 40.0551 (113.42%)
Intermediate 35.98 to 39.38 39.09 (8.53%) . .
Short 38.25 to 39.38 39.09 (25.66%) . .