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 126.68 to 47.46 62.33 (18.77%) . .
Intermediate 111.04 to 47.46 62.33 (23.39%) . .
Short 66.06 to 47.46 . . 62.33 (79.95%)