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 74.78 to 46.08 50.29 (14.67%) . .
Intermediate 57.26 to 46.08 50.29 (37.66%) . .
Short 51.47 to 46.08 . . 50.29 (78.11%)