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 41 to 59.45 . 51.939 (40.71%) .
Intermediate 49.63 to 59.45 . . 51.939 (76.49%)
Short 59.45 to 54.22 55.02 (15.30%) . .