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 41.51 to 32.56 . . 40.93 (93.52%)
Intermediate 32.56 to 41 . . 33.69 (86.61%)
Short 39 to 33.69 35.17 (27.87%) . .