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 52.9 to 37.35 . . 46.81 (60.84%)
Intermediate 37.35 to 46.81 . 42.03 (50.53%) .
Short 37.35 to 46.81 . 42.03 (50.53%) .