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 38 . . 49.755 (60.41%)
Intermediate 51.81 to 38 . . 49.755 (85.12%)
Short 41.79 to 49.65 46.71 (37.40%) . .