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 49.31 to 58.65 55.68 (31.80%) . .
Intermediate 53.94 to 58.65 . . 55.68 (63.06%)
Short 58.65 to 56.08 . 57.52 (56.03%) .