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 46.99 to 40.585 . . 47.46 (107.34%)
Intermediate 43 to 42.21 . . 47.46 (664.56%)
Short 42.21 to 47.46 46.81 (12.38%) . .