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 49.11 to 31.04 . 40.32 (51.36%) .
Intermediate 32.53 to 38.7 37.13 (25.45%) . .
Short 36.34 to 38.7 . . 37.13 (66.53%)