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 57.79 to 35.39 37.03 (7.32%) . .
Intermediate 46.39 to 35.39 37.03 (14.91%) . .
Short 38.54 to 35.39 . 37.03 (52.06%) .