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 28.5 to 43.6258 40.3497 (21.66%) . .
Intermediate 43.6258 to 39.5 . . 44.1072 (111.67%)
Short 39.5 to 44.1072 43.12 (21.43%) . .