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 44.25 to 32.96 . . 45.62 (112.13%)
Intermediate 35.07 to 43.95 42.95 (11.26%) . .
Short 42.43 to 43.95 . . 42.95 (65.79%)