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 39.15 to 49.46 45.58 (37.63%) . .
Intermediate 44.2 to 49.46 . . 45.58 (73.76%)
Short 46.27 to 49.46 . . 45.58 (121.63%)