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 53.15 to 35.69 . 42.99 (41.81%) .
Intermediate 53.15 to 35.69 . 42.99 (41.81%) .
Short 35.69 to 43.63 . 39.8 (48.24%) .