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 51.7 to 61.1102 . . 53.379 (82.16%)
Intermediate 61.1102 to 53.379 . . 62.159 (113.57%)
Short 59.255 to 57.613 . . 62.159 (276.86%)