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 54.08 to 33.4 36.99 (17.36%) . .
Intermediate 43.28 to 33.4 36.99 (36.34%) . .
Short 39.04 to 33.4 . . 36.99 (63.65%)