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 46.1 to 55.66 53.4 (23.64%) . .
Intermediate 51.15 to 55.66 . 53.4 (50.11%) .
Short 55.66 to 53.1671 . . 54.96 (71.92%)