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 40.28 to 29.02 . . 41.65 (112.17%)
Intermediate 31.04 to 38.65 37.14 (19.84%) . .
Short 37.18 to 39.45 38.82 (27.75%) . .