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 26.36 to 83.52 . 58.4 (43.95%) .
Intermediate 37.23 to 83.52 . 58.4 (54.27%) .
Short 40 to 83.52 . 58.4 (57.72%) .