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 to 52.3768 . 27.7 (47.11%) .
Intermediate 52.3768 to 38.155 . 44 (41.10%) .
Short 51.16 to 38.155 . 44 (44.94%) .