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 51.47 to 48.61 . 49.99 (48.25%) .
Intermediate 49.21 to 50.03 . . 49.44 (71.95%)
Short 49.5 to 49.87 49.735 (36.49%) . .