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 53.5977 to 40.48 . . 50.7136 (78.01%)
Intermediate 47.95 to 50.4401 . . 48.6975 (69.98%)
Short 47.95 to 50.4401 . . 48.6975 (69.98%)