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 30.7 to 58.2 . 46.95 (40.91%) .
Intermediate 42.08 to 58.2 . . 46.95 (69.79%)
Short 50.681 to 58.2 . . 46.95 (149.62%)