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 46.81 to 55.23 . 50.76 (53.09%) .
Intermediate 55.23 to 50.76 . . 53.85 (69.13%)
Short 54.57 to 50.76 . . 53.85 (81.10%)