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 47.28 to 26.95 . . 40.93 (68.77%)
Intermediate 41.59 to 26.95 . . 40.93 (95.49%)
Short 33.97 to 39.27 . . 35.76 (66.23%)