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 60.09 to 43.89 45.84 (12.04%) . .
Intermediate 57.28 to 43.89 45.84 (14.56%) . .
Short 54.53 to 43.89 45.84 (18.33%) . .