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 42.72 to 36.64 . . 43.01 (104.77%)
Intermediate 40.66 to 41.84 41.37 (39.83%) . .
Short 41.37 to 43.02 42.65 (22.42%) . .