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 44.5 to 32.65 . . 46.34 (115.53%)
Intermediate 36.04 to 40.5 38.74 (39.46%) . .
Short 38.73 to 41.54 . 40.33 (43.06%) .