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 50.85 to 38 . 44.02 (46.85%) .
Intermediate 48.78 to 38 . 44.02 (55.84%) .
Short 38 to 42.71 41.4 (27.81%) . .