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 60.62 to 33.33 41.92 (31.48%) . .
Intermediate 43.21 to 33.33 . . 41.92 (86.94%)
Short 42.63 to 33.33 . . 41.92 (92.37%)