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 45.95 to 33.31 . 40.16 (54.19%) .
Intermediate 42.34 to 33.31 . . 40.16 (75.86%)
Short 33.31 to 39.66 39.2 (7.24%) . .