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 53.76 to 35.8 42.14 (35.30%) . .
Intermediate 47.94 to 35.8 . 42.14 (52.22%) .
Short 43.735 to 35.8 . . 42.14 (79.90%)