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 50.075 to 50.88 . . 50.21 (83.23%)
Intermediate 50.88 to 50.21 . . 50.82 (91.04%)
Short 50.4 to 50.77 . . 50.42 (94.59%)