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 44.29 to 50.74 48.16 (40.00%) . .
Intermediate 47.11 to 50.74 . . 48.16 (71.07%)
Short 50.59 to 48.16 . . 50.45 (94.24%)