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 to 48.32 . 49.71 (51.87%) .
Intermediate 50.78 to 48.32 . 49.71 (56.50%) .
Short 50.44 to 48.32 . . 49.71 (65.57%)