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 46.34 to 61.22 58.06 (21.24%) . .
Intermediate 50.98 to 61.22 58.06 (30.86%) . .
Short 58.89 to 61.22 . . 58.06 (135.62%)