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 62.5 to 48.45 . . 56.89 (60.07%)
Intermediate 60.8 to 48.45 . . 56.89 (68.34%)
Short 48.45 to 57.01 55.38 (19.04%) . .