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 34.16 to 36.4636 . . 34.3701 (90.88%)
Intermediate 35.1 to 36.4636 . . 34.3701 (153.53%)
Short 36.4636 to 35.51 . 36.03 (54.53%) .