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 46.8064 to 47.8264 . . 46.645 (115.82%)
Intermediate 47.4098 to 46.81 46.98 (28.34%) . .
Short 47.19 to 46.81 . 46.98 (44.74%) .