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 44.37 to 37.68 . . 42.02 (64.87%)
Intermediate 42.6 to 37.68 . . 42.02 (88.21%)
Short 37.68 to 42.02 40.42 (36.87%) . .