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 64 to 53.14 . . 62.95 (90.33%)
Intermediate 64 to 53.14 . . 62.95 (90.33%)
Short 63.6 to 53.14 . . 62.95 (93.79%)