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 48.8 to 50.67 . . 48.97 (90.91%)
Intermediate 50.67 to 48.85 . . 50.535 (92.58%)
Short 49.15 to 49.93 49.71 (28.21%) . .