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 44.84 to 39.17 . . 44.53 (94.53%)
Intermediate 39.17 to 44.65 42.51 (39.05%) . .
Short 44.65 to 42.82 . . 44.02 (65.57%)