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 48.88 to 57.45 55.38 (24.15%) . .
Intermediate 50.75 to 57.45 55.38 (30.90%) . .
Short 54 to 57.45 . . 55.38 (60.00%)