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 48.74 to 32.41 36.42 (24.56%) . .
Intermediate 47.22 to 32.41 36.42 (27.08%) . .
Short 36.88 to 32.41 . . 36.42 (89.71%)