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 41.62 to 57.63 . . 44.67 (80.95%)
Intermediate 57.63 to 44.67 . . 57.198 (96.67%)
Short 44.67 to 57.198 . . 49.03 (65.20%)