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 38.92 to 46.61 . 42.31 (55.92%) .
Intermediate 46.61 to 42.31 . . 46.91 (106.98%)
Short 46.61 to 42.31 . . 46.91 (106.98%)