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 57.94 to 38.4 . 48.01 (49.18%) .
Intermediate 57.94 to 38.4 . 48.01 (49.18%) .
Short 48.07 to 38.4 . . 48.01 (99.38%)