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 48.33 to 49.55 . 48.83 (59.02%) .
Intermediate 49.55 to 48.83 . . 49.51 (94.44%)
Short 49.18 to 49.48 . . 49.29 (63.33%)