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 29.22 to 44.22 . 35.34 (59.20%) .
Intermediate 44.22 to 35.11 . . 43.6 (93.19%)
Short 35.11 to 43.6 43.11 (5.77%) . .