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 to 45.31 39.155 (13.58%) . .
Intermediate 45.31 to 37.71 . . 43.16 (71.71%)
Short 45.31 to 37.71 . . 43.16 (71.71%)