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 52.7 to 38.81 . 46.45 (55.00%) .
Intermediate 52.09 to 38.81 . 46.45 (57.53%) .
Short 40.58 to 46.89 . . 42.01 (77.34%)