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 47.75 to 34.39 . . 45.925 (86.34%)
Intermediate 40.23 to 43.23 . 41.61 (54.00%) .
Short 41.61 to 45.37 44.64 (19.41%) . .