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 26.2 to 38.17 35.95 (18.55%) . .
Intermediate 30.19 to 38.17 35.95 (27.82%) . .
Short 38.17 to 35.95 . . 41.54 (251.80%)