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 47.18 . 27.05 (42.67%) .
Intermediate 41.5 to 27.05 30.03 (20.62%) . .
Short 30.29 to 27.05 . . 30.03 (91.98%)