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 33.666 to 43.576 . . 37.1 (65.35%)
Intermediate 34.87 to 43.576 . . 37.1 (74.39%)
Short 43.576 to 37.1 . . 43.31 (95.89%)