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 43.21 to 32.72 . . 41.1642 (80.50%)
Intermediate 37.33 to 39.65 . . 38.08 (67.67%)
Short 38.08 to 40.8578 40.1322 (26.12%) . .