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 44.09 to 37.52 . 41.19 (55.86%) .
Intermediate 38.02 to 41.45 . . 37.62 (111.66%)
Short 40.95 to 37.5 . 39.32 (52.75%) .