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 51.18 to 45.39 . . 49.56 (72.02%)
Intermediate 50.17 to 45.69 47.43 (38.84%) . .
Short 47.91 to 45.69 . . 47.43 (78.38%)