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 57.76 to 28.37 . 40.25 (40.42%) .
Intermediate 45.73 to 28.37 . . 40.25 (68.43%)
Short 40.45 to 30.82 32.32 (15.58%) . .