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 53.98 to 40.73 . . 49.79 (68.38%)
Intermediate 40.73 to 48.64 45.82 (35.65%) . .
Short 48.6 to 45.82 . . 49.79 (142.81%)