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 69.18 to 38.25 47.29 (29.23%) . .
Intermediate 47.29 to 43.23 . . 46.56 (82.02%)
Short 43.23 to 46.81 . . 43.47 (93.30%)