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 50.44 to 49.587 . . 50.393 (94.49%)
Intermediate 49.945 to 50.4 . 50.16 (52.75%) .
Short 50.4 to 50.16 . . 50.375 (89.58%)