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 47.65 to 44.11 . . 46.58 (69.77%)
Intermediate 44.11 to 46.67 . . 41.451 (203.87%)
Short 46.45 to 42.62 43.91 (33.68%) . .