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 32.25 to 51.5 . 41.95 (49.61%) .
Intermediate 51.5 to 41.91 . . 67.86 (270.59%)
Short 41.91 to 46.46 . . 43.33 (68.79%)