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 22.25 to 49.34 40.7 (31.89%) . .
Intermediate 38.38 to 49.34 . . 40.7 (78.83%)
Short 53 to 72.86 . 63 (49.65%) .