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 45.32 to 27.95 . . 47.93 (115.03%)
Intermediate 36.05 to 42.23 . 39.47 (44.66%) .
Short 39.47 to 48.1 46.76 (15.53%) . .