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 50.9245 to 51.39 . 51.17 (47.26%) .
Intermediate 51.07 to 51.39 . . 51.17 (68.75%)
Short 51.39 to 51.14 51.24 (40.00%) . .