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 39.94 to 30.7 . . 38.5 (84.42%)
Intermediate 33.01 to 38.68 37.14 (27.16%) . .
Short 38.68 to 37.14 37.65 (33.12%) . .