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 45.45 to 51.0202 50.2371 (14.06%) . .
Intermediate 48.708 to 51.0202 50.2371 (33.87%) . .
Short 49.43 to 51.0202 . 50.2371 (49.25%) .