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 40.02 to 51.5659 . 46.1537 (46.88%) .
Intermediate 46.2205 to 51.5659 . . 46.1537 (101.25%)
Short 51.5659 to 46.1537 47.6069 (26.85%) . .