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 50.84 to 60.18 . . 52.31 (84.26%)
Intermediate 59.6475 to 53.6203 . . 57.35 (61.88%)
Short 57.22 to 55.2 . . 56.92 (85.15%)