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 58.89 to 62.81 . . 59.84 (75.77%)
Intermediate 62.81 to 59.01 . . 61.35 (61.58%)
Short 62.81 to 59.01 . . 61.35 (61.58%)