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 49.61 to 72.78 . 60.01 (55.11%) .
Intermediate 57.82 to 72.78 . . 60.01 (85.36%)
Short 72.78 to 59.4 62.56 (23.62%) . .