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 55.03 to 44.08 . . 51.02 (63.38%)
Intermediate 48.737 to 51 . 49.9175 (47.83%) .
Short 49.25 to 51.02 . 50.0787 (53.18%) .