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 23.75 to 47.79 41.21 (27.37%) . .
Intermediate 40.32 to 47.79 . . 41.21 (88.09%)
Short 47.79 to 41.16 . . 47.08 (89.29%)