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 50.52 to 50.2 . 50.33 (40.62%) .
Intermediate 50.48 to 50.2 . 50.33 (46.43%) .
Short 50.4 to 50.2 . . 50.33 (65.00%)