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 33.76 to 53 . . 40.59 (64.50%)
Intermediate 33.76 to 53 . . 40.59 (64.50%)
Short 53 to 40.8 43.57 (22.70%) . .