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 38.79 to 49.22 48.31 (8.72%) . .
Intermediate 45.66 to 49.22 48.31 (25.56%) . .
Short 46.64 to 49.22 48.31 (35.27%) . .