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 63.66 to 39.08 46.47 (30.07%) . .
Intermediate 53.05 to 39.08 . 46.47 (52.90%) .
Short 48.53 to 39.08 . . 46.47 (78.20%)