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 40.93 to 28.12 . . 37.46 (72.91%)
Intermediate 35.79 to 28.12 . . 37.46 (121.77%)
Short 28.12 to 34.97 34.25 (10.51%) . .