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 40.37 to 30.71 . . 37.4 (69.25%)
Intermediate 36.88 to 32.17 . . 37.4 (111.04%)
Short 32.17 to 36.77 35.51 (27.39%) . .