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 52.48 to 39.85 . . 47.92 (63.90%)
Intermediate 39.85 to 47.92 . . 39.59 (103.22%)
Short 47.92 to 40.47 . 43.94 (46.58%) .