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 to 47.99 44.75 (6.75%) . .
Intermediate 47.99 to 44.75 . 46.5 (54.01%) .
Short 47.99 to 44.75 . 46.5 (54.01%) .