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 35.63 to 50.73 . . 39.11 (76.95%)
Intermediate 50.73 to 39.11 . . 49.38 (88.38%)
Short 49.73 to 42.69 43.86 (16.62%) . .