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 54.51 to 46.64 . . 54.1096 (94.91%)
Intermediate 50.93 to 54.1096 53.58 (16.66%) . .
Short 51.45 to 54.1096 53.58 (19.91%) . .