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 48.71 to 38.26 . 43.93 (54.26%) .
Intermediate 40.51 to 44.14 . . 41.83 (63.64%)
Short 41.83 to 43.81 . . 42.47 (67.68%)