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 111.22 to 53.18 59.69 (11.22%) . .
Intermediate 75.75 to 53.18 59.69 (28.84%) . .
Short 62.95 to 50.53 53.87 (26.89%) . .