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 24.09 to 40.8 39.97 (4.97%) . .
Intermediate 25.26 to 40.8 39.97 (5.34%) . .
Short 40.8 to 39.97 . . 42.93 (356.63%)