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 31.75 to 46.89 . 38.57 (54.95%) .
Intermediate 37.51 to 46.62 . . 40.64 (65.64%)
Short 37.51 to 46.62 . . 40.64 (65.64%)