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 41.69 to 46.44 . . 42.23 (88.63%)
Intermediate 46.33 to 42.85 . 44.91 (59.20%) .
Short 44.91 to 43.58 . . 44.75 (87.97%)