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 43.97 to 35.57 . . 44.97 (111.90%)
Intermediate 37.47 to 43.87 43.23 (10.00%) . .
Short 41.97 to 43.87 43.23 (33.68%) . .