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 44.96 to 33.01 . . 41.51 (71.13%)
Intermediate 33.32 to 39.96 37.98 (29.82%) . .
Short 36.84 to 39.96 . . 37.98 (63.46%)