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 44.4 to 52.64 50.66 (24.03%) . .
Intermediate 46.25 to 52.64 50.66 (30.99%) . .
Short 52.64 to 50.66 . . 53.05 (120.71%)