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 61.85 to 37.92 41.87 (16.51%) . .
Intermediate 57.78 to 37.92 41.87 (19.89%) . .
Short 46.47 to 37.92 . 41.87 (46.20%) .