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 36.27 to 55.58 . . 36.92 (96.63%)
Intermediate 37.35 to 55.58 . . 36.92 (102.36%)
Short 54.12 to 36.92 38.96 (11.86%) . .