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 46.39 to 43.08 . . 47.06 (120.24%)
Intermediate 43.08 to 45.56 . . 43.47 (84.27%)
Short 43.71 to 46.3 45.64 (25.48%) . .