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 48.66 to 59.05 . . 51.87 (69.10%)
Intermediate 59.05 to 51.39 . . 57.97 (85.90%)
Short 52.71 to 57.41 56.58 (17.66%) . .