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 46.66 to 56.05 . . 47.63 (89.67%)
Intermediate 56.05 to 47.63 . . 55.9 (98.22%)
Short 55.21 to 47.63 . . 55.9 (109.10%)