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 45.9999 to 54.81 . . 48.9562 (66.44%)
Intermediate 54.81 to 49.45 49.75 (5.60%) . .
Short 54 to 48.99 49.25 (5.19%) . .