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 29.8 to 41.05 . . 30.1 (97.33%)
Intermediate 31.81 to 41.05 . . 30.1 (118.51%)
Short 41.05 to 35.85 . . 39.5 (70.19%)