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 61.73 to 39.8 . 49.46 (44.05%) .
Intermediate 56.78 to 39.8 . 49.46 (56.89%) .
Short 50.44 to 39.8 . . 49.46 (90.79%)