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 57.565 to 38.98 . 49.6753 (57.55%) .
Intermediate 53.92 to 38.98 . . 49.6753 (71.59%)
Short 41.756 to 46.577 45.931 (13.40%) . .