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 32.08 to 40.39 . . 33.6 (81.71%)
Intermediate 40.39 to 32.59 . . 39.85 (93.08%)
Short 32.59 to 40.18 . 36.62 (46.90%) .