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 51.21 to 47.11 . . 50.21 (75.61%)
Intermediate 50.45 to 47.44 . . 50.21 (92.03%)
Short 47.44 to 49.62 48.98 (29.36%) . .