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 47.51 to 38.36 . . 46 (83.50%)
Intermediate 44.22 to 46 . . 44.29 (96.07%)
Short 46 to 44.29 . . 45.75 (85.38%)