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 50.19 to 33.69 . . 48.81 (91.64%)
Intermediate 50.06 to 37.21 . . 46.52 (72.45%)
Short 48.98 to 37.21 . . 46.52 (79.10%)