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 41.29 to 49.41 47.33 (25.62%) . .
Intermediate 43.14 to 49.41 47.33 (33.17%) . .
Short 45.45 to 49.41 . 47.33 (52.53%) .