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 30.16 to 44.75 42.55 (15.08%) . .
Intermediate 37.6001 to 44.75 42.55 (30.77%) . .
Short 44.75 to 42.55 . . 44 (65.91%)