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 63.679 to 59.648 . 61.313 (41.30%) .
Intermediate 59.648 to 61.313 . . 59.952 (81.74%)
Short 60.865 to 59.918 . . 60.812 (94.40%)