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 47.18 to 49.59 . . 47.74 (76.76%)
Intermediate 49.59 to 47.54 . . 48.909 (66.78%)
Short 48.909 to 47.91 48.202 (29.23%) . .