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 45.11 to 61.77 . 52.79 (53.90%) .
Intermediate 61.77 to 52.36 . . 65.86 (143.46%)
Short 55.98 to 61.42 . . 57.86 (65.44%)