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 40.45 to 32.57 . 36.44 (49.11%) .
Intermediate 35.36 to . 19.7 (55.71%) .
Short 25.51 to 17.92 19.66 (22.92%) . .