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 65.09 to 53.44 . . 63.01 (82.15%)
Intermediate 55.97 to 63.01 60.23 (39.49%) . .
Short 60.2 to 62.64 62.16 (19.67%) . .