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 46.78 to 41.68 . . 46.39 (92.35%)
Intermediate 46.78 to 41.68 . . 46.39 (92.35%)
Short 41.68 to 46.39 . 43.76 (55.84%) .