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 32.12 to 42.77 40.63 (20.09%) . .
Intermediate 38.11 to 42.77 . 40.63 (45.92%) .
Short 40.86 to 42.77 . . 40.63 (112.04%)