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 35.36 to 41.24 . . 37.11 (70.24%)
Intermediate 41.24 to 36.64 . . 40.48 (83.48%)
Short 40.64 to 36.64 . . 40.48 (96.00%)