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 to 75 47.425 (36.77%) . .
Intermediate 61.225 to 47.01 . 55.15 (57.26%) .
Short 47.43 to 55.15 . . 50.23 (63.73%)