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 58.36 to 52.21 . 55.8618 (59.38%) .
Intermediate 56.22 to 52.21 . . 55.8618 (91.07%)
Short 55.58 to 53.65 . 54.7192 (55.40%) .