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 43.54 to 29.23 . . 45.23 (111.81%)
Intermediate 40.07 to 29.23 . . 45.23 (147.60%)
Short 33.08 to 36.255 35.2 (33.23%) . .