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 50.72 to 36.69 . 43.26 (46.83%) .
Intermediate 43.26 to 37.05 . . 42.97 (95.33%)
Short 37.05 to 42.97 42.27 (11.82%) . .