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 36.86 to 48.34 47.31 (8.97%) . .
Intermediate 42.7 to 48.34 47.31 (18.26%) . .
Short 47.31 to 49.77 . . 47.79 (80.49%)