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 44.62 to 52.65 . 48.37 (53.30%) .
Intermediate 52.65 to 48.37 . . 51.3 (68.46%)
Short 51.99 to 48.37 . . 51.3 (80.94%)