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 40.39 to 45.66 . . 40.47 (98.48%)
Intermediate 45.66 to 40.42 . . 43.7 (62.60%)
Short 44.35 to 40.42 . . 43.7 (83.46%)