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 49.46 to 50.91 50.41 (34.48%) . .
Intermediate 50.19 to 50.91 . . 50.41 (69.44%)
Short 50.91 to 50.41 50.49 (16.00%) . .