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 to 47.18 . 27.05 (42.67%) .
Intermediate 44.41 to 27.05 28.93 (10.83%) . .
Short 32.75 to 27.05 28.93 (32.98%) . .