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 52.1 to 44.03 . . 51.06 (87.11%)
Intermediate 45.7 to 50.38 50.086 (6.28%) . .
Short 49.26 to 50.38 50.086 (26.25%) . .