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 42.32 to 54.53 . . 43.81 (87.80%)
Intermediate 54.53 to 43.59 47.71 (37.66%) . .
Short 53 to 43.59 . 47.71 (43.78%) .