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 56.32 to 31.92 . 42.32 (42.62%) .
Intermediate 44.86 to 31.92 . . 42.32 (80.37%)
Short 31.92 to 42.32 . 37.6 (45.38%) .