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 40.31 to 31.99 . . 39.52 (90.50%)
Intermediate 40.31 to 31.99 . . 39.52 (90.50%)
Short 39.52 to 33.92 . . 37.64 (66.43%)