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 31.44 to 38.03 36.57 (22.15%) . .
Intermediate 35.26 to 38.03 . 36.57 (52.71%) .
Short 38.03 to 36.57 . 37.22 (44.52%) .