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 47.31 to 34.24 . . 46.18 (91.35%)
Intermediate 42.25 to 34.24 . . 46.18 (149.06%)
Short 34.24 to 46.38 43.92 (20.26%) . .