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 29.25 to 46.94 41.66 (29.85%) . .
Intermediate 32.68 to 46.94 41.66 (37.03%) . .
Short 43.23 to 46.94 . . 41.66 (142.32%)