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 45.865 to 48.53 . . 46.14 (89.68%)
Intermediate 48.44 to 46.32 47.12 (37.74%) . .
Short 46.32 to 47.19 . . 46.14 (120.69%)