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 37.09 to 44.15 42.2283 (27.22%) . .
Intermediate 41.11 to 44.15 . . 42.2283 (63.21%)
Short 44.15 to 42.2283 . 43.36 (58.89%) .