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 48.55 to 47.3 . . 48.35 (84.00%)
Intermediate 48.42 to 47.3 . . 48.35 (93.75%)
Short 48.335 to 47.84 . . 48.35 (103.03%)