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 45.59 to 47.4 . . 45.9 (82.87%)
Intermediate 47.4 to 45.89 . . 47.01 (74.17%)
Short 45.91 to 46.61 46.365 (35.00%) . .