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 50.5 to 50.29 . . 50.47 (85.71%)
Intermediate 50.29 to 50.47 . . 50.29 (100.00%)
Short 50.47 to 50.29 . . 50.4 (61.11%)