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 33.61 to 53.07 46.69 (32.79%) . .
Intermediate 44.11 to 53.07 . . 46.69 (71.21%)
Short 48.09 to 53.07 . . 46.69 (128.11%)