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 52.85 to 47.76 . . 52.5 (93.12%)
Intermediate 50.35 to 52.5 . . 50.65 (86.05%)
Short 52.5 to 50.65 . . 51.87 (65.95%)