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 45.17 to 55.37 53.0652 (22.60%) . .
Intermediate 51.7452 to 55.37 . . 53.0652 (63.58%)
Short 55.37 to 53.0652 . 54.419 (58.74%) .