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 66.26 to 45.45 51.78 (30.42%) . .
Intermediate 58.15 to 45.45 . 51.78 (49.84%) .
Short 52.02 to 45.45 . . 51.78 (96.35%)