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 49.83 to 39.88 . 44.09 (42.31%) .
Intermediate 46.1 to 39.88 . . 44.09 (67.68%)
Short 39.88 to 44.09 42.83 (29.93%) . .