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 42.57 to 31.43 . . 42.8901 (102.87%)
Intermediate 34.3415 to 41.37 40.7724 (8.50%) . .
Short 41.37 to 40.7724 . . 42.8901 (354.37%)