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 37.08 to 34.59 . 35.98 (55.82%) .
Intermediate 34.88 to 35.98 . . 35.26 (65.45%)
Short 34.88 to 35.98 . . 35.26 (65.45%)