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 41.01 to 53.9 . 47.86 (46.86%) .
Intermediate 46.491 to 53.9 . . 47.86 (81.52%)
Short 53.9 to 47.86 50.0314 (35.95%) . .