PRGS Analysis
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 Frame | Trend | 38.2% | 50% | 61.8% |
| Long | 70 to 51.25 | . | 61.76 (56.05%) | . |
| Intermediate | 51.25 to 58.98 | . | 54.68 (55.63%) | . |
| Short | 53.74 to 61.14 | 60.68 (6.22%) | . | . |