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 49.63 to 9.77 . . 53 (108.45%)
Intermediate 16.51 to 30.03 . 23.11 (51.18%) .
Short 30.03 to 22.34 . . 53 (398.70%)