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 40.37 to 32.84 . . 40.26 (98.54%)
Intermediate 34.51 to 40.26 . . 35.08 (90.09%)
Short 40.26 to 35.08 . 37.84 (53.28%) .