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 132.4 to 48.55 63.66 (18.02%) . .
Intermediate 109.84 to 48.55 63.66 (24.65%) . .
Short 71.88 to 48.55 . . 63.66 (64.77%)