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 57.964 to 52.729 . 55.426 (51.52%) .
Intermediate 52.926 to 55.433 . 54.267 (46.51%) .
Short 54.579 to 55.433 . . 54.267 (136.53%)