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 28.65 to 51.46 45.48 (26.22%) . .
Intermediate 43.37 to 51.46 . . 45.48 (73.92%)
Short 45.48 to 51 . 48.58 (43.84%) .