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 36.24 to 44.77 . . 36.8 (93.43%)
Intermediate 44.77 to 36.8 38.22 (17.82%) . .
Short 42.53 to 36.8 38.22 (24.78%) . .