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 45.84 to 31.82 . 39.24 (52.92%) .
Intermediate 41.61 to 31.82 . . 39.24 (75.79%)
Short 36.48 to 39.29 . . 36.16 (111.39%)