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 28.19 to 38.76 37.42 (12.68%) . .
Intermediate 30.9 to 38.76 37.42 (17.05%) . .
Short 34.02 to 39.08 38.37 (14.03%) . .