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 57.46 to 54.02 . 55.94 (55.81%) .
Intermediate 56.98 to 55.17 55.74 (31.49%) . .
Short 55.82 to 55.17 . . 55.74 (87.69%)