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 42.57 to 60 53.67 (36.32%) . .
Intermediate 52.16 to 60 . . 53.67 (80.74%)
Short 60 to 53.67 . . 60.73 (111.53%)