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 55.71 to 47.41 . . 54.6 (86.63%)
Intermediate 54.87 to 47.86 50.36 (35.66%) . .
Short 54.87 to 47.86 50.36 (35.66%) . .