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 58.67 to 43.05 44.83 (11.40%) . .
Intermediate 54.75 to 43.05 44.83 (15.21%) . .
Short 42.94 to 32.21 . 36.92 (43.90%) .