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 58.2 to 67.5 . . 61.65 (62.90%)
Intermediate 63.71 to 67.5 . . 61.65 (154.35%)
Short 67.5 to 61.6 62.97 (23.22%) . .