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 48.18 to 31.63 . 40.845 (55.68%) .
Intermediate 47.21 to 31.63 . 40.845 (59.15%) .
Short 31.63 to 38.87 38.36 (7.04%) . .