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 62.52 to 47.79 52.28 (30.48%) . .
Intermediate 53.22 to 47.79 . . 52.28 (82.69%)
Short 52.28 to 48.37 . . 52.13 (96.16%)