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 46.02 to 30.79 . . 43.06 (80.56%)
Intermediate 30.79 to 43.06 . 36.9 (50.20%) .
Short 41.19 to 36.43 . . 42.4 (125.42%)