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 59.18 to 37.37 42.62 (24.07%) . .
Intermediate 50.75 to 37.37 42.62 (39.24%) . .
Short 44.66 to 37.37 . . 42.62 (72.02%)