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 84.78 to 39.22 43.68 (9.79%) . .
Intermediate 53.85 to 39.22 43.68 (30.49%) . .
Short 47.76 to 39.22 . 43.68 (52.22%) .