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 33.35 to 40.42 . . 34.15 (88.68%)
Intermediate 40.42 to 34.15 . 37.06 (46.41%) .
Short 39.01 to 34.15 . 37.06 (59.88%) .