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 57.63 to 39.1 . 49.58 (56.56%) .
Intermediate 50.75 to 39.1 . . 49.58 (89.96%)
Short 49.85 to 38.23 . 44 (49.66%) .