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 41.545 to 54.1 52.8 (10.35%) . .
Intermediate 42.82 to 54.1 52.8 (11.52%) . .
Short 54.1 to 52.15 . . 54.65 (128.21%)