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 37.43 to 42.42 41.15 (25.45%) . .
Intermediate 40.14 to 42.42 . 41.15 (55.70%) .
Short 42.15 to 40.879 . . 42.05 (92.13%)