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 28.77 to 55.3 51.27 (15.19%) . .
Intermediate 30.72 to 55.3 51.27 (16.40%) . .
Short 55.3 to 51.27 . . 55.82 (112.90%)