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 55.6 to 65.66 62.55 (30.91%) . .
Intermediate 61.38 to 65.66 . . 62.55 (72.66%)
Short 65.11 to 62.55 . . 65.11 (100.00%)