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 46.31 to 37.23 . . 43.81 (72.47%)
Intermediate 43.81 to 39.47 . 41.95 (57.14%) .
Short 41.95 to 40.11 . 40.96 (46.20%) .