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 60.2 to 41.75 47.5 (31.17%) . .
Intermediate 52.69 to 41.75 . 47.5 (52.56%) .
Short 47.98 to 41.75 . . 47.5 (92.30%)