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 46.86 to 56.23 54.12 (22.52%) . .
Intermediate 52.21 to 56.23 . 54.12 (52.49%) .
Short 52.99 to 56.23 . . 54.12 (65.12%)