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 27.57 to 46.12 40.6 (29.76%) . .
Intermediate 27.93 to 46.12 40.6 (30.35%) . .
Short 40.1 to 46.12 . . 40.6 (91.69%)