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 50 to 65.37 . . 54.17 (72.87%)
Intermediate 52.92 to 65.37 . . 54.17 (89.96%)
Short 54.17 to 60.54 . . 55.58 (77.86%)