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 54.765 to 29.62 . . 45.03 (61.28%)
Intermediate 54.0225 to 29.62 . . 45.03 (63.15%)
Short 29.62 to 45.03 44.29 (4.80%) . .