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 63.73 to 49.57 51.39 (12.85%) . .
Intermediate 58.14 to 49.57 51.39 (21.24%) . .
Short 55.98 to 49.57 51.39 (28.39%) . .