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 22.77 to 46.62 39.6 (29.43%) . .
Intermediate 28.68 to 46.62 39.6 (39.13%) . .
Short 32.86 to 46.62 . 39.6 (51.02%) .