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 54.07 to 33.55 40.27 (32.75%) . .
Intermediate 49.4 to 33.55 . 40.27 (42.40%) .
Short 33.55 to 42.07 . . 30.82 (132.04%)