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 48.76 to 147.15 . . 61.7 (86.85%)
Intermediate 147.15 to 83.16 106.57 (36.58%) . .
Short 109.83 to 87.5 93.27 (25.84%) . .