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 147.15 to 48.51 . 99.53 (51.72%) .
Intermediate 54.42 to 101.3 85.95 (32.74%) . .
Short 101.3 to 85.95 . . 97.96 (78.24%)