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 40.35 to 27.62 . . 37.2 (75.26%)
Intermediate 40.32 to 27.62 . . 37.2 (75.43%)
Short 27.62 to 37.2 36.83 (3.86%) . .