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 38.4 to 32.4771 . . 38.991 (109.98%)
Intermediate 33.29 to 37.97 37.36 (13.03%) . .
Short 36.64 to 37.97 . 37.36 (45.86%) .