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 34.78 to 109.53 . 66.8 (57.16%) .
Intermediate 55.8 to 109.53 . . 66.8 (79.53%)
Short 109.53 to 68.5 . 86.85 (44.72%) .