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 47.54 to 40.01 41.74 (22.97%) . .
Intermediate 46.34 to 40.01 41.74 (27.33%) . .
Short 44.33 to 40.01 . 41.74 (40.05%) .