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 32.25 34.43 (17.80%) . .
Intermediate 43.39 to 32.25 34.43 (19.57%) . .
Short 37.58 to 32.25 . 34.43 (40.90%) .