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 42.52 to 61.88 55.46 (33.16%) . .
Intermediate 52.11 to 61.88 . . 55.46 (65.71%)
Short 61.88 to 55.35 57.86 (38.44%) . .