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 39.22 to 45.66 . . 37.407 (128.15%)
Intermediate 45.37 to 40.2856 . 42.78 (49.06%) .
Short 41.397 to 43.21 . . 37.407 (320.08%)