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 41.54 to 31.01 . 36.05 (47.86%) .
Intermediate 40.3 to 31.01 . 36.05 (54.25%) .
Short 39.13 to 31.01 . . 36.05 (62.07%)