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 51.73 to 39.97 . . 52.1 (103.15%)
Intermediate 42.12 to 50.77 49.92 (9.83%) . .
Short 47.98 to 50.77 49.92 (30.47%) . .