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 16.53 to 49.62 38.3 (34.21%) . .
Intermediate 36.7 to 49.45 44.99 (34.98%) . .
Short 45.029 to 49.45 . . 44.99 (100.88%)