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 33.33 to 61.55 . . 19.51 (148.97%)
Intermediate 48.3 to 61.55 . . 19.51 (317.28%)
Short 61.55 to 50.04 . 56.28 (54.21%) .