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 53.24 to 44.55 . . 49.94 (62.03%)
Intermediate 47.1 to 49.94 . . 47.77 (76.41%)
Short 47.77 to 49.76 . . 48.03 (86.93%)