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 47.11 to 45.14 . . 47.07 (97.97%)
Intermediate 46.65 to 45.61 . . 47.07 (140.38%)
Short 45.98 to 47.07 46.77 (27.52%) . .