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 52.73 to 64.9 62.86 (16.76%) . .
Intermediate 57.83 to 64.9 62.86 (28.85%) . .
Short 59.9 to 65.75 . 63.15 (44.44%) .