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 49.9 to 51.31 50.77 (38.30%) . .
Intermediate 50.78 to 51.31 . . 50.77 (101.89%)
Short 51.15 to 51.31 . . 50.77 (337.50%)