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 65.34 to 53.25 54.8 (12.82%) . .
Intermediate 59.03 to 53.25 54.8 (26.82%) . .
Short 54.93 to 50.37 . . 53.83 (75.88%)