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 41.2 to 59.89 57.13 (14.77%) . .
Intermediate 59.89 to 57.13 . . 84.23 (981.88%)
Short 70.2 to 68.77 . . 84.23 (1081.12%)