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 43.05 to 23 29.47 (32.27%) . .
Intermediate 38.25 to 23 . 29.47 (42.43%) .
Short 30.59 to 23 . . 29.47 (85.24%)