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 43.41 to 31 . 37.09 (49.07%) .
Intermediate 38.5 to 31 . . 37.09 (81.20%)
Short 34.71 to 31 . . 37.09 (164.15%)